Switch-Renewal
Sometimes, Change is Good.
There are times when it makes clear financial sense to simply move your mortgage to a new lender — often for a better rate, but not always. Even mid-term, when penalties apply, the math can still work in your favour.
Many lenders offer switch incentives, covering some or all of the costs to transfer your mortgage over to them. Our job is to run the numbers in black and white and show you whether there are thousands of dollars in savings worth acting on.
Note: If you’re looking to access additional home equity or extend your amortization, that’s considered a refinance, which we can also structure for you.
If this is your first time connecting with us, welcome. For our existing clients, we actively monitor the rate environment and reach out when we see meaningful savings opportunities. Think of it as Rate Insurance — an ongoing advantage of working with us that no single bank can truly replicate.
Contact us if you’d like to explore whether a switch makes sense for you.
Renewals
When your mortgage comes up for renewal, your lender knows two things. First, you’re busy. Second, signing the renewal is easy.
That convenience can be expensive.
A renewal is one of the few moments where you can step back and ask better questions. Rate is one thing; is the term right? What happens if you sell, refinance, or make a major change? Are you walking into a penalty problem? Should the mortgage be restructured while you have the opportunity?
Sometimes staying with the same lender is the right move. Sometimes switching creates savings. Sometimes the rate is not the main issue at all. My job is to run the numbers in black and white and show you what actually makes sense.
Before you sign the renewal, book a call. We will review the offer, the timing, and the structure before you commit.